Hoang Huy Investment Services JSC (STC:HHS) Receivables Turnover : 3.62 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Hoang Huy Investment Services JSC Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Hoang Huy Investment Services JSC's Revenue for the three months ended in Mar. 2024 was ₫126,521 Mil. Hoang Huy Investment Services JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₫34,907 Mil. Hence, Hoang Huy Investment Services JSC's Receivables Turnover for the three months ended in Mar. 2024 was 3.62.

Hoang Huy Investment Services JSC Receivables Turnover Historical Data

The historical data trend for Hoang Huy Investment Services JSC's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hoang Huy Investment Services JSC Receivables Turnover Chart

Hoang Huy Investment Services JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

11.26

10.39

11.06

17.61

15.27

Hoang Huy Investment Services JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.70	8.25	9.15	3.47	3.62

Competitive Comparison of Hoang Huy Investment Services JSC's Receivables Turnover

For the Farm & Heavy Construction Machinery subindustry, Hoang Huy Investment Services JSC's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hoang Huy Investment Services JSC's Receivables Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hoang Huy Investment Services JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hoang Huy Investment Services JSC's Receivables Turnover falls into.

Hoang Huy Investment Services JSC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Hoang Huy Investment Services JSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	366575.256	/ (	(12398.333	+	35609.966)	/	2 )
=	366575.256	/	24004.1495
=	15.27

Hoang Huy Investment Services JSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	126520.754	/ (	(35609.966	+	34203.637)	/	2 )
=	126520.754	/	34906.8015
=	3.62

Hoang Huy Investment Services JSC (STC:HHS) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Hoang Huy Investment Services JSC Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Hoang Huy Investment Services JSC's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hoang Huy Investment Services JSC (STC:HHS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hoang Huy Investment Services JSC (STC:HHS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM

Website

http://www.hhs.hoanghuy.com.vn

Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.